Onix Solar Energy equity shares are permitted to trade on the National Stock Exchange of India effective August 17, 2026. The company disclosed the development in a filing with the Bombay Stock Exchange, citing a circular from the NSE dated August 14, 2026.

The National Stock Exchange admitted the securities to dealings in its Capital Market Segment. Trading will commence under the symbol ONIXSOLAR. The exchange specified that trading shall be conducted only using designated security codes and in prescribed lot sizes.

Listing Details

The NSE circular identified the specific parameters for the equity shares. The market lot size for Onix Solar Energy is set at one unit.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Piyush Savaliya, Managing Director of Onix Solar Energy, signed the filing on behalf of the company.

Abhishek Ashvinbhai Kamdar and his Hindu Undivided Family (HUF) have reduced their combined holding in Onix Solar Energy Limited from 13.76% to 10.82%, following a net sale of 10,82,791 equity shares during July 2026. The transaction, executed through both open market and off-market routes, marks a significant shift in the promoter group’s shareholding structure as the entity exits the promoter category. The disclosure was submitted to the Bombay Stock Exchange (BSE) on July 25, 2026, under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The filing details a complex series of transactions where Abhishek Ashvinbhai Kamdar individually sold 11,02,941 shares, representing a 2.99% reduction in total voting capital. Concurrently, the Abhishek Ashvinbhai Kamdar HUF acquired 20,150 shares, adding 0.05% to its previously nil holding. These movements resulted in a net decrease of 2.93% in the combined stake of the acquirer and the person acting in concert (PAC). The transactions took place between July 7, 2026, and July 24, 2026.

Shareholding Structure Changes

The table below outlines the change in shareholding before and after the reported transactions:

Prior to these transactions, Abhishek Ashvinbhai Kamdar held 50,74,838 shares, while the HUF had no holdings. Post-transaction, the individual holds 39,71,897 shares (derived from 50,74,838 minus 11,02,941), and the HUF holds 20,150 shares. The combined total stands at 39,92,047 shares.

Capital Structure and Regulatory Context

Onix Solar Energy Limited’s total equity share capital remains unchanged at ₹36,86,79,260, divided into 3,68,67,926 equity shares of ₹10 each. The disclosure confirms that no shares are encumbered by pledges or liens, and there are no warrants or convertible securities affecting the diluted voting capital. The acquirer has explicitly stated that they do not belong to the promoter or promoter group post-transaction, indicating a shift in regulatory classification for future disclosures.

What the Numbers Show

The reduction in stake from 13.76% to 10.82% is notable as it keeps the holding above the 5% threshold mandated for substantial acquisition disclosures under SEBI regulations, but below the typical promoter control levels often seen in listed entities. The simultaneous acquisition by the HUF suggests a potential restructuring of holdings within the family unit, possibly for estate planning or diversification purposes, while the primary exit is driven by the individual shareholder. The use of both open market and off-market mechanisms indicates a strategy to manage liquidity impact while executing a significant volume trade.